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Rental Market Trends in Grand Island, NY

What is the average rent in Grand Island, NY?

$1,170/month

Average Rent

693 Sq Ft

Average Apartment Size

+3.4%

Increase in the Last Year

As of July 2025, the average rent in Grand Island, NY is $1,170 per month. This is 29% lower than the national average rent of $1,637/month, making renting in Grand Island more affordable than most cities in the US. When you rent an apartment in Grand Island, you can expect to pay about $933 per month for a studio, $1,170 for a one-bedroom apartment, and around $1,430 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,288 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$933/month
184 Sq Ft
One Bedroom
$1,170/month
693 Sq Ft
Two Bedroom
$1,430/month
991 Sq Ft
Three Bedroom
$2,288/month
1,374 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Grand Island, NY?

In the past year, rent has increased by 3.4%, which averages out to $40 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Grand Island, NY
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Grand Island, NY
Percentage*
Rent Range
0% Below $700/month
33% $700 - $1,000/month
50% $1,001 - $1,500/month
8% $1,501 - $2,000/month
8% Above $2,000/month

What salary do I need to live comfortably in Grand Island, NY?

Because the average rent in Grand Island is $1,170, you’ll want to make about $3,900 per month or $46,800 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Grand Island, NY

166 Available Apartments for Rent

Search for Nearby Apartments

How does Grand Island, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Grand Island, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Grand Island, NY

Apartment Averages

Nearby City Rent Trends

  • Tonawanda Average Rent
  • North Tonawanda Average Rent
  • Niagara Falls Average Rent

Apartment communities in Grand Island we think you'll love

Heron Pointe

Heron Pointe

1993 Grand Island Blvd,
Grand Island, NY 14072

1-3 Beds | $1,373 - $2,505

600 River Road Apartments

600 River Road Apartments

600 River Rd,
North Tonawanda, NY 14120

1-3 Beds | $1,695 - $3,495

Country Glenn Apartments

Country Glenn Apartments

2155 Bedell Rd,
Grand Island, NY 14072

1-2 Beds | $875 - $1,450

110 Sweeney Street

110 Sweeney Street

100 Sweeney St,
North Tonawanda, NY 14120

1-2 Beds | $1,500 - $2,350

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United States New York Grand Island Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity